Redeye: Transtema - Expanding Further in Norway
Redeye strengthens its positive view on Transtema following the acquisitions of UBConnect. The acquisition adds radio and geographical reach and strengthens the prospects of establishing maintenance and service in Norway. With a low initial payment and low valuation multiples, we believe it is a low-risk acquisition. We raise our forecasts and Base Case slightly.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/a